COURSE UNIT TITLE

: INDUSTRIAL ECONOMICS

Description of Individual Course Units

Course Unit Code Course Unit Title Type Of Course D U L ECTS
IKT 4027 INDUSTRIAL ECONOMICS ELECTIVE 3 0 0 5

Offered By

Economics

Level of Course Unit

First Cycle Programmes (Bachelor's Degree)

Course Coordinator

ASSISTANT PROFESSOR AYŞE ELIF AY YALÇINKAYA

Offered to

Economics (Evening)
Economics

Course Objective

To analyze efficiency at firm and industry level.

Learning Outcomes of the Course Unit

1   To be able to determine production process of the firm and industry via production function.
2   To be able to develop a strategy for competitiveness at the level of firm and industry.
3   To be able to explain decomposition of productivity and efficiency in the process of competition and to determine the differences between productivity and efficiency with the results of application.
4   To be able to analyze balance sheets and to process data.
5   To be able to perform application for productivity and efficiency measurement methods (DEA, SFA).

Mode of Delivery

Face -to- Face

Prerequisites and Co-requisites

None

Recomended Optional Programme Components

None

Course Contents

Week Subject Description
1 Productivity and efficiency in competition
2 Production functions to measure productivity and efficiency
3 Cobb-Douglas production function
4 CES production function - I
5 CES production function - II
6 VES production function - I
7 VES production function - II
8 Nonparametric production functions and linear programming
9 Midterm exam
10 Midterm exam
11 Productivity and efficiency measurement methods: General framework
12 Data envelopment analysis
13 Malmquist productivity index
14 Total factor productivity
15 Stochastic production frontier analysis: Theoretical framework
16 Effects of inefficiency model

Recomended or Required Reading

Recep Kök, Ertuğrul Deliktaş, (2003), Endüstri Iktisadında Verimlilik Ölçme ve Strateji Geliştirme Teknikleri, DEÜ Matbaası, Birinci Baskı, Izmir.
Ramazan Ekinci, (2013), Endüstriyel Genişleme Yolu: Demir Çelik Endüstrisinde Etkinlik Analizi (2000-2011), Dokuz Eylül Üniversitesi Sosyal Bilimler Enstitüsü, Yüksek Lisans Tezi.
Timothy J. Coelli, D.S.P. Rao, Christopher J. O'Donnell and George E. Battese, (1998), An Introduction to Efficiency and Productivity Analysis, USA: Springer
M.J. Farrell, (1957), `The Measurement of Productive Efficiency , Journal of the Royal Statistical Society, 120(3), pp.253-290
L. Gallaway and V. Shukla, (1974), `The Neoclassical Production Function , The American Economic Review, 64(3), pp.348-358.
Frontier V4.1 ve DEAP V2.1 paket programları

Planned Learning Activities and Teaching Methods

Theoretical analysis with powerpoint presentation.
Applications within some software programs.

Assessment Methods

SORTING NUMBER SHORT CODE LONG CODE FORMULA
1 STT TERM WORK (SEMESTER)
2 MTE MIDTERM EXAM
3 MTEG MIDTERM GRADE STT * 0.20 + MTE * 0.80
4 FIN FINAL EXAM
5 FCG FINAL COURSE GRADE MTEG * 0.40 + FIN * 0.60
6 RST RESIT
7 FCGR FINAL COURSE GRADE (RESIT) MTEG * 0.40 + RST * 0.60


Further Notes About Assessment Methods

None

Assessment Criteria

To be announced.

Language of Instruction

Turkish

Course Policies and Rules

To be announced.

Contact Details for the Lecturer(s)

To be announced.

Office Hours

To be announced.

Work Placement(s)

None

Workload Calculation

Activities Number Time (hours) Total Work Load (hours)
Lectures 14 3 42
Preparations before/after weekly lectures 12 3 36
Preparation for midterm exam 1 8 8
Preparation for final exam 1 10 10
Preparing assignments 1 4 4
Reading 1 24 24
Midterm 1 1 1
Final 1 1 1
TOTAL WORKLOAD (hours) 126

Contribution of Learning Outcomes to Programme Outcomes

PO/LOPO.1PO.2PO.3PO.4PO.5PO.6PO.7PO.8PO.9
LO.14344
LO.244554
LO.34532
LO.4533
LO.5553